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Indianapolis bond bank chief Kintner is clutch hitter
Deron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing is scarce.
ALLEY: Where banks will find growth in the future
Demographics, technology will reward winning institutions.
SULLIVAN: New consumer agency could hinder economy
Protection must be balanced with allowing credit to flow
Carbon Motors says DOE won’t give it $310M loan
Carbon Motors Corp., which hoped to create hundreds of jobs and thousands of high-tech, fuel-efficient police cars in Indiana, said the U.S. Department of Energy is not going to give the company a critical $310 million loan.
SBA lenders optimistic about year’s loan output
Volume nevertheless is expected to fall short of last year’s record numbers
Manning’s move may help Nike as it takes NFL contract
Peyton Manning’s change of address is likely good news for Nike Inc., which replaces Reebok International Ltd. next month as the maker of National Football League-branded apparel and uniforms.
Air Force proposes cutting 152 jobs in Fort Wayne
The Air Force is proposing to eliminate 152 jobs at the Indiana Air National Guard base in Fort Wayne as part of its plan to replace A-10 fighter jets there with reconnaissance aircraft.
Utility says water odor should subside
Citizens Water customers who noticed a chlorine odor to their tap water should begin seeing improvement, the utility said Tuesday. Customers have complained of the odor since January. Citizens said it has changed the type of chlorine it uses to disinfect the water. It might take a few days for some customers to notice the difference, Citizens said.
Councilman caught by fake hooker
A Beech Grove councilman was arrested for allegedly trying to solicit a prostitute Tuesday morning. Paul David Mobley, 63, was charged with patronizing a prostitute, a misdemeanor. According to police, Mobley approached an undercover female officer in the 3000 block of East Washington Street and agreed to pay $20 for oral sex. The undercover officer said she told Mobley to meet him behind a building, but Mobley changed his mind and drove off. Police stopped Mobley, who said he “just had a moment of weakness.” Beech Grove Mayor Dennis Buckley said he sent Mobley a letter asking him to resign. Mobley was elected on Jan. 1 as an at-large councilman.
Pedestrian killed on east side
One pedestrian was killed and another was injured Tuesday night in an accident on the far-east side of Indianapolis. A 49-year-old woman was killed by an eastbound Mercedes Benz in the 7200 block of East Washington Street at about 8:15 p.m. A 50-year-old man she was walking with suffered minor injuries to his leg. Investigators don't believe alcohol was a factor.
Battle for students raises financial concern for turnaround schools
Just 62 percent of the students at four IPS schools being taken over by turnaround operators have chosen to remain at the schools, a situation that could shrink funding. The operators say the district has stymied their ability to inform students and their parents about their plans.
Local businesses open wallets for tornado relief
Spurred by fundraising campaigns by local television stations, more than $1 million has been raised to help victims of last week’s devastating tornadoes in southern Indiana. In addition to doing a good thing, the stations are getting a marketing boost from their efforts.
Anderson eyes improvements to I-69 corridors
Improvements to two major corridors from Interstate 69 to downtown Anderson, reconfigurations of complicated interchanges, and changing one-way streets to two-way streets are among Mayor Kevin Smith's goals.
Irsay can no longer be in Manning’s corner
If they part ways, Jim Irsay, on some level, has to be rooting against Peyton Manning. If his former quarterback outshines his new signal caller in any meaningful way, it could have disastrous consequences for his franchise in this market.
Hospitals to build $14M medical center in Bargersville
Community Health Network and Johnson Memorial Hospital plan to spend $14 million to build a medical office building and outpatient center in Bargersville. The 70,000-square-foot facility is scheduled to be completed in mid-2013.
Decision about Manning comes down to business for Colts
Peyton Manning’s football future is being decided by a $28 million bonus, his surgically fused neck and a highly praised college quarterback. Oddsmakers say he’ll end up in Arizona, Miami or Washington, D.C.
Developer Broadbent loses fight to keep finances under wraps
A newly public filing shows the co-founder of The Broadbent Co.’s net worth has fallen 60 percent, to $48 million.
Honda looks to dealers to boost natural gas station network
Honda Motor Co. wants to double sales of its Indiana-made Civic Natural Gas sedans, but doing so
requires more fuel stations. The car maker wants some of its dealers to install pumps to sell the fuel.
Statewide smoking ban, resisting-police bills unsettled
A few high-profile issues remain undecided ahead of Friday's planned adjournment of the 2012 legislative session.